Topics regarding layoffs at Southwestern Energy Co.

Topics regarding layoffs at Southwestern Energy Co.

2 years ago today...

I and several of my colleagues were no longer on the payroll of the company. I want to thank SWN for letting me go. The truth is I had let myself go long before that. I needed a jolt to get my life back on track. While I am nowhere near where I used... — read more 

Bonus?

Any news on bonus and lti?

Any news on next round of layoffs?

Any news on next round of layoffs? My dad works at Southwestern Energy, but when I try to get something out of him regarding what's going on at work, he lately mostly clams up. Can't figure out if its only the increased stress at work or if he is... — read more 

New CFO

Good luck to this guy. I don't know why we had to go outside and let's just say that his resume makes me take a wait and see. Nice compensation if you can get it. Did he high five those that have been and will be losing their jobs while he was... — read more 

Look at other CEO's analyst talks and interviews..

Look at other CEO's analyst talks and interviews..they admit mistakes, they admit bad timing, overpaying for an asset and are TRUTHFUL, OPEN and upfront about technical matters, gas prices and differentials, etc. He has never said BRUNSWICK an... — read more 

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| 2120 views | | 3 replies (last February 26, 2018)
Post ID: @OP+RRXQYBa

on SWN from BBG

By Bloomberg Automation (Bloomberg) — Activist investors bought more shares of Southwestern Energy Co. than any other company in the fourth quarter and sold Encana Corp. The investment firms added 13.7 million shares of Southwestern Energy, boosting... — read more 

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| 1615 views | | 1 reply (February 20, 2018)
Post ID: @OP+RPgix6M

Fayetteville Options

We were told that we’d hear more about Fayetteville’s fate when we release our numbers in another week or so. Three options as I see it with some of this news possibly given to us by the end of this month: Sell upstream and DGC - many months before... — read more 

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| 3020 views | | 17 replies (last February 22, 2018)
Post ID: @OP+RP67x8J

Chapter 11 bankruptcy?

So is there some legitimate path towards bankruptcy here that management is not disclosing? Because all material that is put out by company suggests continuously strengthening balance sheet, but equity markets suggest the infamous death spiral.

Houston or Atlanta

The best job prospects are either in Houston or Atlanta. Networking and being mobile are important even though you grew up in Cut-n-Shoot and that’s where the family is.

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| 1413 views | | 2 replies (last February 19, 2018)
Post ID: @OP+RKJMARX

Get over with it already

I wish they would start tomorrow. I hate the thought of waiting 10 weeks to figure out if I need a new job or not. They shouldn’t have said anything like that. Just put many in a constant state of worry.

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| 2330 views | | 10 replies (last February 17, 2018)
Post ID: @OP+RKu05wi

SWNPort

Leaks from business development confirm SWN is merging with Gulfport. Thoughts on how this will work?

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| 2510 views | | 9 replies (last February 15, 2018)
Post ID: @OP+RKw8kcD

Head Heart and Layoffs!

What are all the lower mid level “managers” going to do when they have to start working again and not just go to innovation retreats?

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| 2690 views | | 13 replies (last February 16, 2018)
Post ID: @OP+RJ7PpAa

Layoff Consultants

Yes they’re selling Fayetteville. Yes layoffs are coming. They’re bringing in consultants to help determine how to reduce costs and they will give a layoff head count recommendation by discipline. Layoffs will be company wide and no one is... — read more 

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| 9030 views | | 53 replies (last March 25, 2018)
Post ID: @OP+RF1FBvY

Takeaways from town hall

Strategic options for Fayetteville just sounds like sell the Fayetteville. Seemed like a poor disguise for that. Organizational changes to reduce costs just sounds like layoffs. I’ve been on the train that layoffs won’t happen, but this worries me. I... — read more 

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| 3700 views | | 23 replies (last February 12, 2018)
Post ID: @OP+RDRnEKR

Awards

With the finalists for the presidents award being announced ("the highest honor at swn") I think they missed a couple. Bill way for best try, as he tried on the stock price but failed miserably, bill way for spirit of swn as he has is the only one... — read more 

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| 2060 views | | 7 replies (last February 15, 2018)
Post ID: @OP+RDERXN9

Stock price

Ok, so what am I missing, that the market understands? Stock price has been falling like a rock, but SWN has successfully renegotiated its debt, earliest due 2022; has approx 1 billion in cash for ample liquidity; and is able to moderately grow... — read more 

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| 2320 views | | 20 replies (last February 13, 2018)
Post ID: @OP+RDZTBxK

Gas Prices

https://oilprice.com/Energy/Gas-Prices/Why-Natural-Gas-Prices-Just-Tanked.html Market and stockholders understand.

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| 3310 views | | 24 replies (last February 8, 2018)
Post ID: @OP+RxdEYka

BOARD MEETING IN HOUSTON

Untimely midweek Board Meeting. Hmmm?? Bonuses or Layoffs or some other Big news coming?????

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| 5560 views | | 39 replies (last February 8, 2018)
Post ID: @OP+RqnaiWu

-|R^2|

We have the wRong people (primarily Way and silent Board) doing the wRong things (see the magic 8 ball post for a good description). I’m hopeful for all to keep their jobs and succeed but highly doubt that can happen. What’s the big delay in issuing... — read more 

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| 3950 views | | 23 replies (last February 2, 2018)
Post ID: @OP+R8voVSr

No answers and continued spin

Strategy work never ends. Way keeps shaking the Magic 8-ball asking it what to do. He restarts strategy work over when he gets the "Don't count on it" and "Cannot predict now" responses. Really, how many times and how many weeks does 5 need to spend... — read more 

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| 2410 views | | 10 replies (last January 28, 2018)
Post ID: @OP+QRkBjlF

Layoffs don't come without a big price tag

Layoffs don't come without a big price tag. If you assume 60 days pay to honor WARN laws for each employee who is let go, then two weeks for every year of service for each employee who is let go, that's a big chunk of money for employees that will be... — read more 

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| 2240 views | | 6 replies (last December 21, 2017)
Post ID: @OP+QOVeYnI

New COO - dominos falling

He may be great, but is he really needed? He makes almost $600k in salary plus at least that much in bonus and $3.2 mil in stock. Last I looked, EP was about to go under, gas prices were struggling to get to $3 and our stock was in the can. May be... — read more 

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| 3780 views | | 18 replies (last December 16, 2017)
Post ID: @OP+Qzqtrxi

SWN Corporate-Lack of Christmas Decorations

Since corporate has been in Spring, every Christmas season the office is decked out with lavish Christmas decor. Now, it looks sad in comparison to past years. Is this a clue of what's in store for SWN, major cutbacks in the near future.

Bonuses?

Does anyone have any insight into bonus levels? I've heard they could quite a bit lower than last year since last year's goals were so low and it was partly a make up year for terrible bonuses in early 2016. Either way the Board may be trying to pull... — read more 

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| 2190 views | | 3 replies (last November 29, 2017)
Post ID: @OP+QmjoyUx

Bill Way - Loser Personified!

Bill Way was named CEO of this company in January of 2016, just before he laid off 1200 employees. Well, it has been almost two years and this CEO has done nothing to turn around this company. He must be removed and his position filled with a True... — read more 

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| 3590 views | | 7 replies (last November 2, 2017)
Post ID: @OP+PWvHypv

POST THIRD QUARTER

As stock really craters with warm winter forecast and persistent gas over supply hearing more and louder rumblings of sale and layoffs..even a merger.

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| 2150 views | | 9 replies (last November 1, 2017)
Post ID: @OP+PTr5wsA

1st executive team assist gone

Will miss RS. As I am sure everyone will. She is/was an awesome co-worker and the lose of her will be felt for a while! What does the board say about so many on that floor jumping ship? You would think at some point they would step in...

Boardwalk Fayetteville revised

Effective Nov 1, 2017, this new agreement is anticipated to offer savings of about $70 million from 2017 through 2020. This takes into account savings of about $45 million in 2018 through the reduction of current excess capacity, while assuring... — read more 

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| 1900 views | | 6 replies (last November 1, 2017)
Post ID: @OP+Pzo9TcW

Amend DEBT REPAYMENT-SEEMS DESPERATE

Southwestern Energy - on Sept 11, co entered into amendment no. 1 to $1,191 million secured term loan facility and $743 million unsecured revolving facility Southwestern Energy Co - amendment modifying mandatory prepayment and commitment reduction... — read more 

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| 3750 views | | 27 replies (last October 3, 2017)
Post ID: @OP+PdjYKYG

Labor Day

I'm sure Way is resting from all of his hard work over the past year. It takes a lot of energy to destroy so much value and put our share price in the tank. Really, why does he have any days off? Unfortunately, his buffoon style of running a company... — read more 

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| 2010 views | | 5 replies (last September 8, 2017)
Post ID: @OP+P69J5sR

Finally Closed Houston Office

Tell me why we receive HSE alerts and near hit alerts every 10 minutes if someone breaks wind on a rig, but when the worst flooding to ever hit Houston occurs we do not close the office early Friday then wait to close Monday until the last minute... — read more 

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| 2040 views | | 3 replies (last August 30, 2017)
Post ID: @OP+OYhS9wQ

Getting out of Dodge

I'm outta here. With BW and JMc running the circus around here, I have had enough and waiting for the next round of severance isn't worth it. Many other options out there and I control the timing. Good luck all.

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| 1950 views | | 3 replies (last August 29, 2017)
Post ID: @OP+OU3YDlF

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